November 6, 2020
Looking to sell your home this year? You might want to wait it out. Selling your home during the spring or summer months may actually make you more money, since there are more buyers on the market during those months. Of course, it all depends on your personal situation–some homeowners can’t afford to wait. And some regions–such as the south–get less of a winter penalty than others. But if you live in the northeast, mid atlantic, or midwest, waiting until the summer might be the right move.
Ready to sell your home? Have you thought about what time is the best time to sell? What most homeowners don’t know is that there is actually a penalty for selling your home at certain times of year. When there are fewer buyers on the market, sellers probably aren’t going to get the prices that they are asking for. But when are buyers in short supply? And should you wait until the conditions are more favorable to sellers before you put your property on the market? It all depends on your personal situation. Here’s what you need to know.
Spring Or Summer?
The spring and summer months tend to be the best months for selling a home. That is because buyers are plentiful during the warm months. During the winter months, buyers are much harder to come by because of the weather. When it is snowing outside, turns out most people would rather not be looking for a house. The summer is the most profitable time to sell a property, followed by the spring. Obviously, you don’t have to sell during these months, but it is important to know when buyers will be flocking to the market.
Should You Wait To Sell Until The Warmer Months?
Waiting to sell until the warmer months is all about your personal situation. For some sellers, waiting to put their home on the market until favorable conditions return makes sense. For some sellers, it is important to sell as quickly as possible. It is really all up to your personal situation. If you are worried about maximizing your home’s value when you sell, and you can afford to wait, then selling during the summer months may make the most sense.
It All Depends On The Region
Not all regions get the same winter penalty. The southern states don’t have winters which are as cold or as harsh, so it is easier to sell a home there during that December through February period. If you are living in the south or in certain parts of the west coast, this might not apply to you. But if you are living in the northeast, midwest, or mid atlantic, the summer premium is real.
Want to sell your home without having to worry about if it is sunny outside or not? Don’t feel like waiting for an influx of buyers to hit the market? The good news is that you can sell on your own timeline and get great value for your property. Contact 4 Brothers Buy Houses and you can get a free, no obligation quote at any time. You can sell your property without having to deal with a real estate agent or having to showcase your home to prospective buyers. Sidestep the traditional real estate sales process and sell your home for cash at a time that works for you. Call 4 Brothers Buy Houses today.